Danny is CoinDesk's Managing Editor for Data & Tokens. He owns BTC, ETH and SOL.
BarnBridge’s BOND more than doubled in price after the defunct crypto derivatives project indicated it will acquiesce to unspecified demands by the U.S. Securities and Exchange Commission.
The rally began shortly after a BarnBridge insider cleared the way for founders Tyler Ward and Troy Murray “the authority to undertake all actions necessary to comply with the Order” from the SEC, including paying a fine. “Is it in the spirit of crypto that a community binding proposal take effect, because of a 1 of 1 vote? Is this the decentralization we want to see?” said Nelson Rosario, an attorney who specializes in crypto law.
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